Plan Snapshot
- Plan Sponsor: American Quarter Horse Association
- Sponsor EIN: 750725576
- Sponsor Address: 1600 QUARTER HORSE DR, AMARILLO, TX, 79104
- Plan Type: 401(k)
- Total Participants: 214
- Total Assets: $17.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 214 | $17.0M | $740,060 | $951,378 |
| 2023 | 214 | $14.3M | $684,456 | $862,047 |
| 2022 | 190 | $12.0M | $603,325 | $724,632 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| AMARILLO NATIONAL BANK | INVESTMENT ADVISOR | $53,370 | — | $53,370 |
| STOCKMAN KAST RYAN & CO., LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STOCKMAN KAST RYAN & CO., LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $53,370
- Estimated Expense Ratio: 0.314% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $90,919 | — | $90,919 | — | — |
| 2023 | $64,369 | $46,773 | — | — | — |
| 2022 | $63,454 | $44,703 | $18,751 | — | — |